kline city center development · warehouses and mills enjoy new lives as music and entertainment...

17
807 Gervais Street, Suite 301 Columbia, South Carolina 29201 +1 803.254.0100 www.naiavant.com THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. For Lease Retail/Office Space ±2,905 to 16,000 SF Patrick Palmer, CCIM +1 803 744 9853 [email protected] Rob Lapin +1 803 744 9834 [email protected] Kline City Center Development Downtown Columbia, South Carolina Please contact brokers for more information:

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Page 1: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

For Lease

Retail/Office Space±2,905 to 16,000 SF

Patrick Palmer, CCIM+1 803 744 [email protected]

Rob Lapin+1 803 744 [email protected]

Kline City Center DevelopmentDowntown Columbia, South Carolina

Please contact brokers for more information:

Page 2: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

New Signalized Intersection

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

2

For Lease

Kline City Center

Available Restaurant SpaceAvailable Restaurant Space

Page 3: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

PROPERTY DESCRIPTION:

LOCATION DESCRIPTION:

PARKING:

ZONING:

TRAFFIC COUNTS (2104):

HOTEL:

Kline City Center is a high-profile, mixed-use development on ±6.56 acres that is slated to incorporate a hotel, ±30,905 SF of retail/office space, and 326 upscale apartment units on the historic Kline Iron and Steel Co. site at Huger and Gervais Streets in downtown Columbia, SC.

The proposed retail sites are located along major arterial roads with excellent exposure on Huger and Gervais Streets. This site is also uniquely positioned between the Vista entertainment area and West Columbia which will allow retailers to be the first option for customers coming into Columbia from across the river as well as from the Irmo/Harbison area.

Approximately 800 parking spaces (700 in two decks with the balance surface and street)

PUD (Approved 2015), City of Columbia with Design Development Overlay

Huger Street: 31,900 VPDGervais Street: 27,000 VPD

The hotel pad is under contract

Property Features

3

Page 4: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

Building 1: Corner of Huger Street & Williams Street - Ground floor retail with residential above.

Retail A: ±6,000 SF Lease Rate: $28.00 PSF NNN

Retail B: ±6,000 SF Lease Rate: $28.00 PSF NNN

Building 2: Frontage on Gervais Street.

Retail C: ±2,905 SF Lease Rate: $30.00 PSF NNN

Building 3: First floor potential uses include office, drug store, and bank with two stories of residential above. Building at signalized intersection.

Retail/Office D: ±12,000-16,000 SF Lease Rate: $22.00 PSF NNN

4

Retail Availabilities

Page 5: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

The VistaThe building is located in the heart of Columbia’s vibrant Congaree Vista on Gervais and Huger Streets and provides easy, convenient access to the University of South Carolina and Columbia’s downtown Main Street. Rich in history and forward-thinking, the Vista is known as Columbia’s top arts and entertainment district for a reason. While Columbia’s industrial and rail hub once gathered dust, today the rustic warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places, and award-winning restaurants. New and renovated buildings mesh rustic details with sleek, downtown style. The Vista area continues to experience a surge of new construction and rehabilitated projects.

Kline City Center is situated within:• The Columbia CBD with approximately 60,000 person workforce and Columbia’s over 800,000 MSA• Several blocks from the State House office complex• Several blocks from the University of South Carolina campus with its 33,000 students - enrollment has increased 25% in the past

decade (9,500 students attended summer classes last year and growing)• The InnoVista District, the University of South Carolina’s planned 5 million square foot research campus

Numerous Vista public venues:• Over 60 restaurants/entertainment venues and approximately 40 art galleries and specialty shops• Columbia Convention Center and adjoining 222-room Hilton Hotel• 9,000 seat University of South Carolina baseball park• 18,000 seat Colonial Life Arena• Three Rivers Greenway with its planned Vista linkages and the centerpiece, the Congaree Regional Riverfront Park• State Museum with annual attendance exceeding 185,000 visitors• EdVenture, South Carolina’s 92,000 square foot children’s museum with its 200,000+ annual attendance

For more information about The Vista & Downtown Columbia: Click Here

5

Page 6: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

6

Signalized IntersectionApproved

Page 7: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

Huger Street

Gervais S

treet

7

Page 8: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City CenterBuilding 1 Perspective

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8

Page 9: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City CenterPossible Restaurant Layouts

Retail A

9

Page 10: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City CenterPossible Restaurant Layouts

Retail B

10

Page 11: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City CenterBuilding 2 Perspective

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© 2015 JDAVIS ARCHITECTS EXPRESSLY RESERVES ITS COMMON LAW COPYRIGHT AND OTHER PROPERTY RIGHTS IN THESE PLANS. THESE PLANS ARE NOT TO BE REPRODUCED, CHANGED OR COPIED IN ANY FORM OR MANNER WHATSOEVER, NOR ARE THEY TO BE ASSIGNED TO ANY THIRD PARTY WITHOUT FIRST OBTAINING THE EXPRESSED WRITTEN PERMISSION AND CONSENT OF JDAVIS ARCHITECTS, PLLC.

510 Glenwood Ave. Suite 201 | Raleigh, NC 27603 | tel 919.835.1500

1518 Walnut St., Suite 1308 | Philadelphia, PA 19102 | tel 215.545.0121 June 3, 2015Columbia, South Carolina

KLINE CITY CENTER - BLDG TWODD.12

1/16" = 1'-0"1BUILDING TWO - LEVEL 01

0 32 48 6416

GRAPHIC SCALE

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RESIDENTIAL TENANTPARKING GATE SEPARATIONAT LEVEL 02

ELEC/TEL/CATVFOR 2ND

LEVELELEC/TEL/CATVFOR 2ND

LEVEL

RETAILMECH

SHAFTS

4.78%

201' - 7 1/2" 206' - 8 1/4"

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DN

UP

SECOND FLOOR

DOWN TO

FIRST FLOOR

PARKING COUNT

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© 2015 JDAVIS ARCHITECTS EXPRESSLY RESERVES ITS COMMON LAW COPYRIGHT AND OTHER PROPERTY RIGHTS IN THESE PLANS. THESE PLANS ARE NOT TO BE REPRODUCED, CHANGED OR COPIED IN ANY FORM OR MANNER WHATSOEVER, NOR ARE THEY TO BE ASSIGNED TO ANY THIRD PARTY WITHOUT FIRST OBTAINING THE EXPRESSED WRITTEN PERMISSION AND CONSENT OF JDAVIS ARCHITECTS, PLLC.

510 Glenwood Ave. Suite 201 | Raleigh, NC 27603 | tel 919.835.1500

1518 Walnut St., Suite 1308 | Philadelphia, PA 19102 | tel 215.545.0121 June 3, 2015Columbia, South Carolina

KLINE CITY CENTER - BLDG TWODD.13

1/16" = 1'-0"1BUILDING TWO - LEVEL 02 THRU 05

0 32 48 6416

GRAPHIC SCALE

2nd FloorAbove Retail

1st FloorRetail Space

Retail C

Retail C

11

Page 12: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City CenterPossible Restaurant Layouts

Retail C

12

Page 13: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

If viewing printed package, please visit the following URL to view the video online: http://tinyurl.com/oaed4q3

13

Page 14: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

KlineCity

CenterGervais Street

Cayce/West Columbia

Green Street

Lady Street

Harden Street

Taylor Street

Senate Street

Huger S

treet

Gadsden S

treet

Pulaski S

treet

Lincoln Street

Assembly Street

807 Gervais Street, Suite 301Columbia, South Carolina 29201+1 803.254.0100www.naiavant.com

For Lease

Kline City Center

14

Page 15: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

Aerial Map

Map Updated: 8/25/15. This information submitted is not guaranteed. Although obtained from reliable sources, all information should be confirmed prior to use or reliance upon the information. This document may not be reproduced in whole or in part without the express written consent of NAI Avant.

Kline City CenterHuger Street & Gervais Street

Columbia, SC 29201

Subject

Gervais Street

Gervais Street Huger S

treet

Lady Street

Hampton Street

Laurel Street

Assembly Street

Veterans Park

Gadsden Street

Lincoln Street

City Bar & Fondue

Park Street

Apartments & New Student Housing

15

Page 16: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

Palmetto Compress & Warehouse RedevelopmentUnderway: 197 Apartments with 10,000 SF Retaill

Pulaski SquareCompleted: 207,000 SF. 4 Stories. Brick & Stucco. 122 Units. 249 Beds. 2 Acres

Park 7 GroupUnderway: Student Housing (640 Beds)

Olympia Mill Mixed-Use SiteCompleted: 4 Stories. 6,000 SF Ground Level Retail. Apts ±182 Units

650 LincolnCompleted: Mixed-Use Development featuring

878 Beds, 30,000 SF of Retail & 2 Parking Garages

Hyatt PlaceCompleted: 6-Story Hotel (130 Rooms) with AT&T Retail Store

Planned: 50K SF USC Technology Incubator

Proposed: 130 Apartment/Lofts at 1321 Lady

Edwards Private Dormitory named Greene CrossingCompleted: 260,000 SF Private Dorm on 4.75 Acres (177 Units; 524 Beds)

Ag First Building (Closed with 114 Apartments & $17 Million in Renovations Underway)

Planned Renovations:Historic Arcade Mall

Edwards Private DormitoryCompleted: Student Housing. 74 Units. 214 Beds. 106K SF on 3.8 Acres

USC Alumni CenterCompleted: $26.5 Million Facility (60,000 SF).

Tunnel to Convention Center.

Dupre Building: NAI Avant Headquarters & Mixed-Use Renovation

Innovista Discovery IIPlanned: 110,000 SF Office Building

Lofts at Canalside Proposed: Phase III

Expansion (6 Buildings)Current Units: 374

Projected Total Units: 750

IBM Center for Applied Innovation at USCUnderway: 110,000 SF Office Building. 5 Stories.

USC Law School$80 Million Underway

701 Whaley Arts Center ExpansionPlanned: 10K SF Renovation.

Completed: 23K SF LandtechOffice Renovation

Kline City CenterProposed: 310 Apartments, Office, Retail,

Hotel & Parking Deck

BullStreet CommonsUnderway: 165 Acre

Mixed-Use Redevelopment

Easlan Capital ApartmentsUnderway: 230 Units

South State BankOperations Center

Underway: Student Housing218 Units on 4 Acres

Peak Campus Development

Finlay ParkProposed: $10 Million

in Beautification

Icon on Main: Proposed 15 Story Student Housing Tower by EDR

Planned: Student Apartments by Park 7 Group227 Units. 684 Beds with 2,700 SF Retail ( Closed on Land)Proposed Stormwater Artist Studios

Airport ConnectorPlanned: Rerouting to Direct Traffic to Airport from Rosewood

USC Acquisition from SC ETVFuture: 6 Acres & 2 Buildings

Gamecock ParkComplete: 52 Acres (Land $15 Million) 3000 Spaces with 10X10 Areas & VIP

WNS Global Delivery CenterUnderway: 23K SF Space at The State Newspaper Building

USC Indoor & Outdoor Football Practice Facility & FieldProposed: Design Phase: Adjacent to GameDay Parking Lot

USC Athletic Center RedevelopmentUnderway: $60 Million Athletic Facilities Redevelopment (41 ± Acres)

Capital CityStation Mixed-Use

Proposed: 23 Acre KrogerAnchored Center

Aloft Boutique HotelUnderway: 108 Rooms with Ground Floor Retail

Historic Vista Fire Station:Proposed: 35,000 SF Mixed-Use Renovation

Hilton Garden Inn/Home 2Underway Conversion & Expansion to 230 Rooms

City MarketUnderway:30,000 SFMixed-UseRenovation

Columbia Courtyard(Sold with $4 Million in Renovations Completed)

NewPanera Bread

Planned Greek Village Expansion

Green Street Phase I Underway:$32 Million in Streetscaping & Bridge

Flow FlatsUnderway: 24 Townhomes

Downtown YMCAPlanned: 20,000 SF Facility

BrooklandProposed: Mixed-Use

Community byEstates & Companies

Proposed: 6 Acre SCANA PropertyFor Sale/BID Pending

Proposed Hotel by Naman Gervais LLC

Lincoln Tunnel(Vista Greenway Phase II)Planned: 14' Asphalt Path

Long-Term Plans: Williams Street: Road Extension & Streetscaping

Aspen HeightsProposed: 230 Apartments with 800 Beds

& Parking Garage (692 Spaces)

ColonialCenter

GovernorsMansion

ColumbiaMetropolitanConvention

Center

StateHouse

EdVenture

KogerCenter

StateMuseum

CarolinaColisieum

NickelodeonTheatre Township Auditorium

Columbia ArtMuseum

USCBaseballStadium

Greek Village & Strom ThurmondWellness Center

Five Points

13,100 VPD

27,200 VPD13,500 VPD

4,700

VPD

26,800 VPD

Jarvis Klapman Blvd 15,200 VPD

21,700 VPD

22,80

0 VPD

71,700 VPD

24,800 VPD

18,600 VPD

23,10

0 VPD

27,900 VPD

24,60

0 VPD

48,500 VPD

37,90

0 VPD

Main

St

Ass

embly

St

Meeting St

Devine St Knox Abbott Dr

Gervais St

Two

Notc

h Rd

Elmwood Ave

378

Hard

en St

Stat

e St

9Th

St

Map

le St

Forest Dr

126

Hug

er St

Blossom St

Downtown ColumbiaSouth Carolina

Map Updated: Tuesday, September 15, 2015. This information submitted is not guaranteed. Although obtained from reliable sources, all information should be confirmed prior to use or reliance upon the information. This document may not be reproduced in whole or in part without the express written consent of NAI Avant.

Planned, Proposed & Underway Developments

PLANNED: Park 7 GroupRendering of USC Student Housing (Closed on Land)

UNDERWAY: IBM Center for Applied Innovation at USCRendering of 110,000 SF Class A Office Building

COMPLETED: Holder Properties: Resort-Style Mixed-UseRendering of Planned USC Student Housing

UNDERWAY: Aloft Boutique HotelRendering of 108-Unit Hotel with Ground Floor Retail

DevelopmentHighlights1

1

2

2

3

3

4

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Gervais Street Corridor Main Street Corridor University of South Carolina

Page 17: Kline City Center Development · warehouses and mills enjoy new lives as music and entertainment venues, art galleries, Class-A office, delightful boutiques, urban dwelling places,

Demographic Pro�le Huger Street & erva s Street olumb a South arol a

DemographicProfile

1 Mile 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles

Population 2014 Age Distribution Median Household Income

2010 Census 8,432 75,863 157,827 0 - 4 1.1% 5.3% 5.8% 2014 Estimate $29,454 $31,969 $36,479

2014 Estimate 8,567 78,195 161,760 5 - 9 0.7% 3.9% 4.7% 2019 Projection $33,767 $36,929 $41,615

2019 Projection 8,897 83,959 172,658 10 - 14 0.7% 3.3% 4.2%

% Chg. 2012-2017 3.9% 7.4% 6.7% 15 - 19 35.0% 11.4% 8.8% Average Household Income

20 - 24 31.9% 20.1% 15.6% 2014 Estimate $48,931 $48,776 $52,568

Households 25 - 34 12.5% 16.7% 15.6% 2019 Projection $55,962 $54,688 $58,460

2010 Census 2,114 31,372 66,707 35 - 44 4.5% 9.3% 10.0%

2014 Estimate 2,191 32,462 68,548 45 - 54 5.1% 10.2% 11.6% Per Capita Household Income

2019 Projection 2,342 35,263 73,796 55 - 64 5.0% 9.7% 11.1% 2014 Estimate $25,168 $23,513 $24,162

65 - 74 1.9% 4.9% 6.3% 2019 Projection $27,343 $26,118 $26,809

Families 75 - 84 1.0% 3.3% 4.1%

2010 Census 434 12,837 32,221 85+ 0.5% 2.1% 2.2% 2014 Household Income Dist.

2014 Estimate 436 12,952 32,375 Less than $15,000 26.0% 24.6% 20.3%

2019 Projection 469 13,990 34,650 Median Age $15,000 - $24,999 16.8% 15.4% 14.1%

2010 Census 21.9 27.9 31.2 $25,000 - $34,999 13.7% 13.2% 13.5%

2014 Dist. by Race & Ethnicity 2014 Estimate 22.0 28.1 31.5 $35,000 - $49,999 11.9% 14.6% 15.6%

White Alone 73.2% 56.6% 55.5% 2019 Projection 22.2 28.7 32.3 $50,000 - $74,999 11.7% 13.8% 15.4%

Black Alone 19.3% 36.1% 37.9% $75,000 - $99,999 6.6% 6.6% 8.0%

American Indian Alone 0.2% 0.3% 0.3% Average Household Size $100,000 - $149,999 8.5% 6.8% 8.1%

Asian Alone 4.2% 2.2% 1.8% 2010 Census 1.84 2.08 2.17 $150,000 - $199,999 1.9% 2.8% 2.6%

Pacific Islander Alone 0.0% 0.0% 0.0% 2014 Estimate 1.84 2.08 2.17 $200,000 and Up 2.7% 2.2% 2.3%

Some Other Race Alone 0.7% 2.8% 2.7% 2019 Projection 1.86 2.08 2.16

Two or More Races 2.2% 1.8% 1.8% 2014 Business Data

Hispanic Origin (Any Race) 3.1% 5.4% 5.3% 2014 Housing Data Total Businesses: 6,749 11,755

Owner Occ. Housing Units 464 12,665 32,821 Total Employees: 88,581 131,291

Renter Occ. Housing Units 1,727 19,797 35,726

807 Gervais Street | Suite 301 | Columbia, SC 29201 | 803.254.0100 | www.naiavant.comThis document may not be reproduced in part or in whole without the express written permission of NAI Avant, LLC. Source: ESRI Business Analyst Online